the official employment rate is 15%. a reality colliding with the optimism of mogules in the making. >> the consequences can be very dire if you don't have a job. we do not have a social system system. you have to temper the enthusiasm sometimes a bit and not go over board. >> reporter: he says he has already won because of the training he has received and the name recognition. >> i'm feeling happy now. a lot of people know who my company is and the services it provides. >> reporter: even so, he said he will continue working two other jobs because he has a family to support >>> i remind you about our website, aljazeera.com. >> for more than a decade, the world has witnessed seemingly endless violence in afghanistan. many tell me the daily reports of the attacks, and the daily killings have ceased to hold much meaning. but for those living in this land, torn apart by war, there's no more important of a time than now. after years of trying to drive back the taliban, most of

the global economic outlook. also, officials at the u.s. labor department will release employment data for march. federal reserve officials are closely watching as they ponder raising interest rates. the same day china's factory data for march, a survevey of purchasing managers at manufacturing companies. >> every monday we ask specialists to share their views on the week. this week we speak to tokyo research. taya is a former board member of the boj. he agrees that the tankan survey will likely show worsened sentiment among major manufacturers though not as bad as hadton expected in december. >> corporate earnings in terms of profits likely to remain more or less favorable since negative effects of a stronger yen in the foreign exchange market are likely to be more or less compensated by continued cheap energy cost. investment plants are likely to be revised downwards by large companies but revised upwards by small companies.s. >> butut taya warns that japan' economy can expect to see very moderate economic growth. >> the main reason has been stagnant consumption. the stagnant consumption has been attributable to the slow pace of increase in income. this is, of course, due mainl

employment growth. framework given their of inflation, it ultimately gets overheated. how much do they expect limit growth to slow overhead? if we see 4% unemployment rate, that's the issue? jim: fed officialsre showing a 4.7% unemployment rate and are assuming full employment. that could change over time but they are assuming it will only go a little below full employment estimates and just given their framework, i think it is basically right, if they thought it was going to go a point below full employment, they would be tightening more aggressively. you so much. just a reminder, look for full coverage across all of bloomberg's coverage. janet yellen's news conference follows at 2:30 them here on bloomberg tv. coming up, we will hear from marvin ellison on how he's turning jcpenney around. here's a quick look on how jcpenney has performed against its peers. it is far outpacing me see -- macy's and sears. quite a comeback there. ♪ alix: this is bloomberg markets. i'm alix steel. a night mayor day for drug company valeant after the company reported a week first ofrter,/guidance and warned the possible default. the ceo just back from medical leaves oak on the earnings call. >> it starts with

the official unemployment rate is an active measure of who is looking for work. it currently sits at 4.9%. >>> there's another unemployment rate that is helpful to assess the labor market. the under employment.7%. it has been falling for months. that number counts people looking for work and those working part-time, but want to work full-time and discouraged workers who have given up working but would like to two to work. by no means is 42% not working. >>> stormy weather could disrupt disrupt super tuesday in three states. let's go to meteorologist pedram javaheri. >> throughout the morning, storms in northern missouri and illinois. some the strong storms will weaken approaching chicago. a second band will develop at 5:00 p.m. that could have severe characteristics and this front will push in cool and dry air from canada. storm prediction center has given us a decent risk here for severe weather in chicago and illinois and peoria. large hail, damaging winds is the primary concerns with the storm system. florida should be on the quiet side with the weather department. here's st. louis for you. notice we go with sunny skies and temperatures moderate in the upper 70s. not a bad day across mis

the official unemployment rate is an active measure of who is looking for and sits at 4.9%. another rate is higher. assessing the health of the job market. the under employment counts people working part-time, but want to work full-time. it counts discouraged workers. by no means 42% of americans are not unemployed. it is important in north carolina and ohio. he has a new op-ed in "usa today" on that. >> why? because it is a huge election day. the final super tuesday. "new day" starts right now. >>> hold up the bernie sanders sign. don't worry, are' nyou're not go get beat up at my rally. >> what can happen if we don't band together. >> a vote for marco rubio is a vote that's thrown away. >> don't doubt america. it's coming back. >> kasich cannot make america great again. >> we will not accept their bigotry. >> we're going to shock the country. >>> this is "new day". >> big day. good morning, welcome to your new day. it's march 15, 6:00 in the east. it is super tuesday number three, it is also the ides of march, and nobody wants to be caesar. the question is, will all survive. marco rubio and john kasich may be in must-win situations in their home states. if

the top 100 employment rates research activity and student faculty ratios. announcement tonight you don't often here from a local school diss trig. officials want to hire hundreds of people. >> did nachos lead to shooting at this convenience store. what one man said to the clerk before the bullets started flying. howard? >> the phillies in spring training a couple of special moments today for sane patrick's day. and sean bell with the wildcats today as they prepare for their opening game in the ncaa tournament. that's all coming up. ♪ >>> in southwest philadelphia, locals coming together to pray active visits and residents holding this vigil on 55th street and baltimore avenue. the area had a rash of recent violent incidents. state representative joanna mcclinton represents part of philadelphia and delaware counties was also in attendance to address concerns about violence. >>> late night order of nachos became a close call for a cashier on the eau vegas strip. two guys walk into the store load up their nachos and then walk out without paying telling the cashier quote we're gangsters. we don't pay. well the employee runs aft them and is qu